NOT LISTED FOR SALE

271 Preakness Ave Unit 273 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $579,000 - $676,000

-- Bed
-- Bath
2,236 Sq Ft
$279/Sq Ft Est. Value

About This Home

This home is located at 271 Preakness Ave Unit 273, Paterson, NJ 07502 and is currently estimated at $624,957, approximately $279 per square foot. 271 Preakness Ave Unit 273 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2022
Sold by
Formentin Maria
Bought by
Leonardo Wendy
Current Estimated Value
$624,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,643
Outstanding Balance
$516,371
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$108,586

Purchase Details

Closed on
Apr 30, 1976
Bought by
Formentin Pasquale and Formentin Maria
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leonardo Wendy $550,000 Main Street Title
Formentin Pasquale $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonardo Wendy $531,643
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,488 $234,300 $50,600 $183,700
2022 $10,876 $234,300 $50,600 $183,700
2021 $10,487 $234,300 $50,600 $183,700
2020 $9,782 $234,300 $50,600 $183,700
2019 $9,388 $227,100 $47,700 $179,400
2018 $9,686 $223,900 $47,300 $176,600
2017 $9,244 $222,200 $47,000 $175,200
2016 $10,179 $234,600 $49,500 $185,100
2015 $9,637 $234,600 $49,500 $185,100
2014 $11,983 $413,200 $169,900 $243,300
Source: Public Records

Map

New Jersey Passaic County Paterson 07502 Hillcrest

271 Preakness Ave Unit 273, Paterson, NJ

This home is located at 271 Preakness Ave Unit 273, Paterson, NJ 07502 and is currently estimated at $624,957, approximately $279 per square foot. 271 Preakness Ave Unit 273 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes